Examlex
To what types of organizations does the UBIT apply?
Sellers
Individuals or entities that offer goods or services for sale to consumers or other businesses.
Total Revenue
The total amount of money a firm receives from the sale of its goods or services, calculated as the quantity sold multiplied by the price per unit.
Buyers
Individuals or organizations that purchase goods or services for personal use, resale, or production.
Total Revenue
The total income received from sales of goods or services before any expenses are subtracted.
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